ReutersReuters

Cipher Mining jumps after data center deal with Fluidstack

Refinitiv閱讀少於1分鐘

** Bitcoin miner and data center developer Cipher Mining's CIFR shares jump 11% to $15.68 premarket

** CIFR announces 10-year data center deal with AI cloud platform Fluidstack, representing nearly $3 billion in contracted revenue

** Under the deal, CIFR will deliver 168 megawatt of power by September 2026

** Alphabet's Google GOOG will backstop $1.4 billion of Fluidstack's lease obligations and receive warrants to buy roughly 24 million CIFR shares, or a 5.4% stake

** 11 of 13 brokerages rate the stock "buy" or higher and 2 "hold"; median PT $7.50 - data compiled by LSEG

** As of last close, CIFR stock up ~205% YTD

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